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Technology Stocks : Newbridge Networks

NN 15.87

+2.5%

3:59 PM EST

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To: Peppe who wrote (6048)	8/20/1998 9:25:00 PM
From: Technopeasant	of 18016

Don't bite this one from Peppe. Fair comment Mr. Devil. It did bother me that the original announcements were made by the NN customers and that the $ estimates were of amounts that THEY planned to spend, in total. Not a NN contract for X$, but an X$ commitment from the companies deploying LMCS. Its a leap to have everyone here talking about the total amount as the NN contract win. This morning's Globe and Mail quoted a Newbridge spokesman (?) as follows: "Although neither company disclosed the precise value of Newbridge's share of their equipment purchases, a Newbridge spokesman said two-thirds would be a "fair estimate". That would boost Newbridge's annual revenue by about $150-million for the next four years." As a comment, and coupled with other announcements recently, and I'm sure more to come, this company is being undervalued in the market. But so are a lot of others, in this market. Sorry this article isn't on their Web site or I would have used some new-found skills in cutting and pasting to post the whole thing. And to think I used to believe that vi, elm and pine were major advances!

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